Arguments for and Against a Global Billionaire Tax

Arguments for and Against a Global Billionaire Tax

How would a global minimum tax on billionaires’ wealth work? What are the main arguments for and against the tax? Does the proposal have a shot at becoming a reality? A proposal for a 2% minimum tax on billionaires’ wealth aims to raise revenue and address inequality, but faces skepticism. Proponents say the billionaire tax could generate $250 billion annually while critics argue that implementing the tax will require global coordination that will be tough to achieve quickly. Continue reading to learn about the different opinions regarding a billionaire tax.

Irrational Exuberance: Robert J. Shiller on Speculative Bubbles

Irrational Exuberance: Robert J. Shiller on Speculative Bubbles

What are the key points in Irrational Exuberance, Robert J. Shiller’s book on speculative bubbles? What does Shiller teach about stock market behavior? In Irrational Exuberance, Robert J. Shiller explains that speculative bubbles arise out of feedback loops, often driven by media coverage. When you learn more about these bubbles, you can better understand how to avoid losing money in stocks. Continue reading for an overview of Irrational Exuberance.

Exploitation of the Poor: 4 Ways the Rich Keep Them Down

Exploitation of the Poor: 4 Ways the Rich Keep Them Down

Why are some people poor? Are they keeping themselves down, or are they victims of others who don’t want them to succeed? In Poverty, by America, social scientist Matthew Desmond explores how and why the commonly cited explanations for poverty fall flat. Then he turns his attention to what he believes does explain the persistence of poverty in America. Read on to learn why Desmond thinks the exploitation of the poor is a reality in the US.

Real Estate Speculation in the US Housing Market

Real Estate Speculation in the US Housing Market

How has real estate speculation influenced the US housing market? What does it mean to form a speculative bubble? Real estate speculation drove unparalleled growth in the US housing market from the late 1990s to the early 2000s, but since this growth was based on speculation, it was unsustainable. Learning how this happens can help you avoid getting investments caught in a speculative bubble. Keep reading to discover how speculative bubbles have formed in the US housing market in the past.

Efficient Market Hypothesis: Explained With Counterarguments

How a Passive Investment Strategy Wins Big

How is the efficient market hypothesis explained by experts? What does it mean, and what are some counterarguments? The efficient market hypothesis, explained by financial experts, concludes that securities are always priced accurately due to the nature of the market. By understanding this hypothesis and the counterarguments to it, you’ll have a better understanding of how markets work.  Learn more about the efficient market hypothesis from all angles.

Robert Shiller: Bitcoin’s Value Is Tied to Its Narrative

Robert Shiller: Bitcoin’s Value Is Tied to Its Narrative

Do you own Bitcoin or other cryptocurrency? Is investing in Bitcoin a good idea? According to Robert Shiller, Bitcoin provides an excellent example of the power of an economic narrative. He explains the fascinating Bitcoin narrative within a larger discussion of how we understand and predict economic behaviors in a qualitative rather than quantitative way. Read more to learn about the Bitcoin narrative and why it’s compelling to so many.

Gold Standard vs. Fiat Currency: Is the Issue Just Psychological?

Gold Standard vs. Fiat Currency: Is the Issue Just Psychological?

Which is better—the gold standard or fiat currency? Could you make a sound economic argument for your position? In Narrative Economics, economist Robert J. Shiller argues that human beliefs and actions, rather than numbers and statistics, ultimately drive economics. Specifically, he writes that beliefs about the gold standard are part of a recurring American economic narrative. Read more to learn Shiller’s take on the gold standard vs. fiat currency debate.

Tips on Investing in Stocks: How to Avoid Overspeculation

Tips on Investing in Stocks: How to Avoid Overspeculation

What are some tips on investing in stocks? How can you avoid being caught in a speculative bubble? The best tips on investing in stocks include recognizing overpriced assets in the market and diversifying your portfolio. To avoid overpaying for stocks, you should consider these factors more in-depth. Learn why stocks become overpriced and how to avoid losing money in investments.

The Joys of Compounding by Gautam Baid: Overview & Lessons

The Joys of Compounding by Gautam Baid: Overview & Lessons

How can you use investing advice to improve your everyday life? What can you do to improve your decision-making skills? In The Joys of Compounding, Gautam Baid covers how to make meaningful investments in six life areas. He also includes how to maximize financial returns to gain wealth and financial independence. Read below for a brief overview of The Joys of Compounding.